Civic Intelligence

Lake County Partnership for Economic Development Inc.

990 • Fiscal year 2016 • EIN 36-4206288

Jan 01, 2016 to Dec 31, 2016 • Filed on May 02, 2017

Organization ProfileLAKECOUNTYPARTNERS.COM

View Organization Page

100 Tri-state Intl Dr No 122Lincolnshire, IL 60069

(847) 597-1220

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

49th percentile

0.09x

Higher debt load relative to assets than 49% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

38th percentile

0.06x

Higher debt load relative to revenue than 38% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

52nd percentile

2.6%

Higher net margin than 52% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

90th percentile

$212,238

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

55th percentile

2.8%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

62nd percentile

7.9%

Faster revenue growth than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$641,064

Up $17,175 (+2.8%) from 2015

Net Assets

Up

$580,830

Up $28,826 (+5.2%) from 2015

Liabilities

Down

$60,234

Down $11,651 (-16%) from 2015

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin52nd percentile

Revenue

Up

$1,091,283

Up $79,986 (+7.9%) from 2015

Expenses

Up

$1,062,457

Up $127,882 (+14%) from 2015

Net Income

Down

$28,826

Down $47,896 (-62%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $123,356Liabilities 2011: $100,690Net Assets 2011: $22,6662011Assets 2012: $211,758Liabilities 2012: $77,873Net Assets 2012: $133,8852012Assets 2013: $398,053Liabilities 2013: $50,415Net Assets 2013: $347,6382013Assets 2014: $523,250Liabilities 2014: $47,968Net Assets 2014: $475,2822014Assets 2015: $623,889Liabilities 2015: $71,885Net Assets 2015: $552,0042015Assets 2016: $641,064Liabilities 2016: $60,234Net Assets 2016: $580,8302016Assets 2017: $580,077Liabilities 2017: $77,473Net Assets 2017: $502,6042017Assets 2018: $970,645Liabilities 2018: $46,970Net Assets 2018: $923,6752018Assets 2019: $1,034,981Liabilities 2019: $691,698Net Assets 2019: $343,2832019Assets 2020: $1,047,559Liabilities 2020: $588,137Net Assets 2020: $459,4222020Assets 2021: $1,205,864Liabilities 2021: $596,997Net Assets 2021: $608,8672021Assets 2022: $1,165,621Liabilities 2022: $578,426Net Assets 2022: $587,1952022Assets 2023: $1,255,646Liabilities 2023: $681,892Net Assets 2023: $573,7542023Assets 2024: $1,429,635Liabilities 2024: $683,110Net Assets 2024: $746,5252024

Highlighted filing

2016

Assets$641,064
Liabilities$60,234
Net Assets$580,830
Open 2016 Filing

Operations Trend

Revenue Growth62nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,018,6922011Expenses 2012: $808,7252012Revenue 2013: $923,602Expenses 2013: $709,849Net Income 2013: $213,7532013Revenue 2014: $863,931Expenses 2014: $736,287Net Income 2014: $127,6442014Revenue 2015: $1,011,297Expenses 2015: $934,575Net Income 2015: $76,7222015Revenue 2016: $1,091,283Expenses 2016: $1,062,457Net Income 2016: $28,8262016Revenue 2017: $1,021,438Expenses 2017: $1,099,664Net Income 2017: -$78,2262017Revenue 2018: $1,436,730Expenses 2018: $1,015,659Net Income 2018: $421,0712018Revenue 2019: $1,221,465Expenses 2019: $1,267,689Net Income 2019: -$46,2242019Revenue 2020: $1,143,963Expenses 2020: $1,027,824Net Income 2020: $116,1392020Revenue 2021: $1,384,451Expenses 2021: $1,235,006Net Income 2021: $149,4452021Revenue 2022: $1,020,964Expenses 2022: $1,042,636Net Income 2022: -$21,6722022Revenue 2023: $1,277,432Expenses 2023: $1,290,873Net Income 2023: -$13,4412023Revenue 2024: $1,381,568Expenses 2024: $1,208,797Net Income 2024: $172,7712024

Highlighted filing

2016

Revenue$1,091,283
Expenses$1,062,457
Net Income$28,826
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 2, 2017
Return Version
2016v3.0
Gross Receipts
$1,091,283
Mission and Program Overview

Mission

To maintain economic vitality and quality of life in lake county, illinois by creating and retaining quality jobs, stimulating capital investment, pursuing economic diversity and improving the county's business climate.

To maintain economic vitality and quality of life in lake county, illinois by creating and retaining jobs, stimulating capital investment, pursuing economic diversity and improving the county's business climate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$597,793$623,748▲ $25,955
Prepaid Expenses and Deferred Charges$10,659$8,942▼ $1,717
Land, Buildings, and Equipment, Net$14,187$7,124▼ $7,063
Accounts Receivable$1,250$1,250→ $0
Total Assets$623,889$641,064▲ $17,175
Liabilities
Deferred Revenue$43,125$30,000▼ $13,125
Other Liabilities$13,768$15,184▲ $1,416
Accounts Payable and Accrued Expenses$14,992$15,050▲ $58
Total Liabilities$71,885$60,234▼ $11,651
Net Assets / Fund Balance
Unrestricted Net Assets$552,004$580,830▲ $28,826
Total Net Assets Fund Balance$552,004$580,830▲ $28,826
Total Liabilities and Net Assets / Fund Balance$623,889$641,064▲ $17,175

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,124$80,245$87,369
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael StevensPresident & CEOFT$194,166$18,072$212,238
Kevin ConsidineManaging Director, Business OutreachFT$117,314$20,753$138,067

Board Members and Trustees

NameTitle
Joseph LunaChairman
Charles LamphereFormer Chairman
Richard KorengoldVice Chairman
Aaron LawlorDirector
Barry BurtonDirector
Brad HarperDirector
Brent PaxtonDirector
Chuck BartelsDirector
Damon HavillDirector
Daniel J JoyceDirector
Darren BoundyDirector
Dean GlassbergDirector
Don HansenDirector
Donovan PepperDirector
Frank DeuelDirector
Ghida NeukirchDirector
Jack DanilkowiczDirector
Janet DeatherageDirector
Jeffrey J AndersonDirector
Jerry WeberDirector
Jesse Peterson HallDirector
K Michael WelchDirector
Kelly WatersDirector
Kevin MeyersDirector
Larry FalbeDirector
Libby BrunsvoldDirector
Nick SauerDirector
S Michael RummelDirector
Valery GallagherDirector
Jeffrey PozenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$819,237
Program Service Revenue
$170,778
Investment Income
$373
Other Revenue
$100,895
Change in Net Assets
$28,826

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,091,283
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,125
Total Revenue per Audited Statements
$1,096,408
Total Revenue per Form 990
$1,091,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$638,925
Other Expenses$423,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$301,223$39,614-$340,837
Current Officers, Directors, Trustees, and Key Employees$191,014$21,224-$212,238
Occupancy$49,069$6,064-$55,133
Other Employee Benefits$43,380$5,361-$48,741
All Other Expenses$41,250$4,230-$45,480
Payroll Taxes$33,027$4,082-$37,109
Other Expenses$35,495--$35,495
Fees for Services Other-$25,203-$25,203
Fees for Services Accounting-$14,600-$14,600
Travel$10,159--$10,159
Advertising$9,713--$9,713
Office Expenses$7,478$924-$8,402
Depreciation Depletion$6,287$776-$7,063
Insurance-$2,633-$2,633
Total Functional Expenses$937,746$124,711$0$1,062,457

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,067,582
Expenses per Audited Statements$1,062,457
Total Expenses per Form 990$1,062,457
Expenses Not Reported on Form 990$5,125
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$15,184
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The operations committee of the board of governors approves the form 990 and recommends filing the form contingent upon the form 990 being provided to the full board for review and comment.”

Form 990, Part VI, Section B, Line 12C

“The organization's board of governors determines when a conflict of interest exists among its members and advises its members when a conflict does exist.”

Form 990, Part VI, Section B, Line 15

“Compensation studies are periodically performed by an independent party. The studies review compensation for comparable positions and organizations. The board of governors then determines if the organization's compensation package is comparable to other similar entities. The organization historically follows the study's recommendations and schedule for periodic cost of living adjustments.”

Form 990, Part VI, Section C, Line 18

“The organization makes its form 990 available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“Copies of the organization's governing documents, conflict of interest policy, and financial statements are available upon request at the organization's offices.”

Filing and Contact Details

Filer

Filer Name
Lake County Partnership for Economic
EIN
36-4206288
Phone
8475971220
Address
100 TRI-STATE INTL DR NO 122, LINCOLNSHIRE, IL 60069

Signing Officer

Name
Kevin Considine
Title
President
Phone
8475971220
Signed
2017-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Luna
Formed
1998
Legal Domicile
Il
Voting Board Members
31
Independent Board Members
30
Employees
6
Volunteers
0

Preparer

Firm
Pasquesi Sheppard LLC
Address
585 BANK LANE, LAKE FOREST, IL 60045
Preparer
David P Witt
Phone
8472345000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“In december 2016, the organization voluntarily withdrew from the sba 504 loan program, and the organization's loan portfolio was transferred in january 2017.”

Form 990, Part IX, Line 24E

“Miscellaneous: program service expenses 11,064. Management and general expenses 1,606. Fundraising expenses 0. Total expenses 12,670. Telephone: program service expenses 9,285. Management and general expenses 1,147. Fundraising expenses 0. Total expenses 10,432. Sba costs: program service expenses 7,168. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,168. Dues and subscriptions: program service expenses 5,320. Management and general expenses 274. Fundraising expenses 0. Total expenses 5,594. Printing: program service expenses 4,994. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,994. Supplies: program service expenses 1,943. Management and general expenses 241. Fundraising expenses 0. Total expenses 2,184. Utilities: program service expenses 1,476. Management and general expenses 182. Fundraising expenses 0. Total expenses 1,658. Postage and shipping: program service expenses 0. Management and general expenses 780. Fundraising expenses 0. Total expenses 780.”

Form 990, Part XII, Line 2C

“There were no changes to the organization's oversight or selection process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“Management has adopted accounting provisions that impose a threshold for determining when uncertain tax positions should be disclosed or recorded. The threshold now imposed for financial statement reporting generally is higher than the threshold now imposed for claiming deductions on income tax returns. The organization utilized the "more likely than not" criteria and determined that all of their tax positions meet that criteria. Therefore, the organization has not recorded any adjustments or disclosed any situations that arose from uncertain tax positions.”

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IRS990/Form990PartVIISectionAGrp/PersonNm9AARON LAWLOR
IRS990/Form990PartVIISectionAGrp/PersonNm10BRENT PAXTON
IRS990/Form990PartVIISectionAGrp/PersonNm11NICK SAUER
IRS990/Form990PartVIISectionAGrp/PersonNm12JANET DEATHERAGE
IRS990/Form990PartVIISectionAGrp/PersonNm13JESSE PETERSON HALL
IRS990/Form990PartVIISectionAGrp/PersonNm14LARRY FALBE
IRS990/Form990PartVIISectionAGrp/PersonNm15KELLY WATERS
IRS990/Form990PartVIISectionAGrp/PersonNm16K MICHAEL WELCH
IRS990/Form990PartVIISectionAGrp/PersonNm17BRAD HARPER
IRS990/Form990PartVIISectionAGrp/PersonNm18CHARLES LAMPHERE
IRS990/Form990PartVIISectionAGrp/PersonNm19DONOVAN PEPPER
IRS990/Form990PartVIISectionAGrp/PersonNm20JOSEPH LUNA
IRS990/Form990PartVIISectionAGrp/PersonNm21RICHARD KORENGOLD
IRS990/Form990PartVIISectionAGrp/PersonNm22MICHAEL STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm23JEFFREY POZEN
IRS990/Form990PartVIISectionAGrp/PersonNm24KEVIN CONSIDINE
IRS990/Form990PartVIISectionAGrp/PersonNm25JACK DANILKOWICZ
IRS990/Form990PartVIISectionAGrp/PersonNm26JEFFREY J ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm27KEVIN MEYERS
IRS990/Form990PartVIISectionAGrp/PersonNm28DANIEL J JOYCE
IRS990/Form990PartVIISectionAGrp/PersonNm29LIBBY BRUNSVOLD
IRS990/Form990PartVIISectionAGrp/PersonNm30DAMON HAVILL
IRS990/Form990PartVIISectionAGrp/PersonNm31DON HANSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22194166
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24117314
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18FORMER CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt21VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt23TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt24MANAGING DIRECTOR, BUSINESS OUTREACH
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt031
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01091283
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt030
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02633
IRS990/InsuranceGrp/TotalAmt02633
IRS990/InvestmentIncomeGrp/ExclusionAmt0373
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0373
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt080245
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014187
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07124
IRS990/LandBldgEquipCostOrOtherBssAmt087369
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0819237
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO MAINTAIN ECONOMIC VITALITY AND QUALITY OF LIFE IN LAKE COUNTY, ILLINOIS BY CREATING AND RETAINING QUALITY JOBS, STIMULATING CAPITAL INVESTMENT, PURSUING ECONOMIC DIVERSITY AND IMPROVING THE COUNTY'S BUSINESS CLIMATE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0552004
IRS990/NetAssetsOrFundBalancesEOYAmt0580830
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06064
IRS990/OccupancyGrp/ProgramServicesAmt049069
IRS990/OccupancyGrp/TotalAmt055133
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0924
IRS990/OfficeExpensesGrp/ProgramServicesAmt07478
IRS990/OfficeExpensesGrp/TotalAmt08402
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05361
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt043380
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048741
IRS990/OtherExpensesGrp/Desc0INVESTOR EVENTS
IRS990/OtherExpensesGrp/Desc1ECONOMIC DEVELOPMENT PR
IRS990/OtherExpensesGrp/Desc2TECHNICAL DATA
IRS990/OtherExpensesGrp/Desc3PUBLIC RELATIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt074807
IRS990/OtherExpensesGrp/ProgramServicesAmt171500
IRS990/OtherExpensesGrp/ProgramServicesAmt263344
IRS990/OtherExpensesGrp/ProgramServicesAmt335495
IRS990/OtherExpensesGrp/TotalAmt074807
IRS990/OtherExpensesGrp/TotalAmt171500
IRS990/OtherExpensesGrp/TotalAmt263344
IRS990/OtherExpensesGrp/TotalAmt335495
IRS990/OtherLiabilitiesGrp/BOYAmt013768
IRS990/OtherLiabilitiesGrp/EOYAmt015184
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0100895
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0100895
IRS990/OtherRevenueTotalAmt0100895
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039614
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0301223
IRS990/OtherSalariesAndWagesGrp/TotalAmt0340837
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04082
IRS990/PayrollTaxesGrp/ProgramServicesAmt033027
IRS990/PayrollTaxesGrp/TotalAmt037109
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08942

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$641,064
Liabilities
$60,234
Net assets
$580,830
Revenue
$1,091,283
Expenses
$1,062,457
Net income
$28,826
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.68$0.75$1.38$1.21$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.68$0.57$1.28$1.29$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.58$0.59$1.02$1.04$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.60$0.61$1.38$1.24$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.59$0.46$1.14$1.03$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.69$0.34$1.22$1.27$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.05$0.92$1.44$1.02$0.42
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.08$0.50$1.02$1.10$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.06$0.58$1.09$1.06$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.07$0.55$1.01$0.93$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.05$0.48$0.86$0.74$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.05$0.35$0.92$0.71$0.21
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.08$0.13$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.10$0.02$1.02